NVX Q2 2023 Earnings — Novonix Limited Revenue & Financial Results | Market Cap Arena

NVXNovonix Limited

$128M

Q2 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$4M+107.4% YoY

Gross Profit

-$17M-431.3% margin

Operating Income

-$28M-727.5% margin

Net Income

-$28M-716.8% margin

EPS (Diluted)

$-0.23

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$187M

Total Liabilities

$52M

Stockholders' Equity

$134M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$2M	+107.4%
Gross Profit	-$17M	-$10M	-60.1%
Operating Income	-$28M	-$20M	-42.6%
Net Income	-$28M	-$19M	-44.2%